Block director Anthony Eisen sells $1.48m in company stock

Anthony Mathew Eisen, a director at Block, Inc. (NASDAQ:XYZ), recently disposed of company stock totaling approximately $1.48 million through a series of transactions. The sales, which occurred over three days in late August 2026, were executed under a pre-arranged Rule 10b5-1 trading plan. The stock currently trades at $82.46, with shares up 27% over the past six months. According to InvestingPro analysis, Block appears undervalued based on its Fair Value assessment.

Mr. Eisen sold a total of 18,000 shares of Class A Common Stock. On August 25, 2026, he sold 6,000 shares at a price of $81.81 per share. The following day, August 26, 2026, another 6,000 shares were sold at $82.00 per share. The final reported transaction took place on August 27, 2026, involving the sale of 6,000 shares at $84.00 per share. The financial services company, valued at $49.6 billion, trades at a P/E ratio of 140 and carries a "GOOD" financial health rating from InvestingPro.

The shares were sold at prices ranging from $81.81 to $84.00. Following these transactions, Mr. Eisen directly holds 1,470,672 shares of Block, Inc. Class A Common Stock. The sales were carried out pursuant to a Rule 10b5-1 trading plan, which was adopted on March 2, 2026.

In other recent news, Block Inc. reported adjusted second-quarter 2026 earnings of $1.02 per share, surpassing the $0.87 consensus and improving significantly from $0.62 a year earlier. The company also achieved a 25% increase in gross profit and a 27% adjusted operating margin, prompting an upward revision of its full-year guidance. Argus responded by raising its price target for Block to $103 from $85, maintaining a Buy rating due to accelerated payment volumes and improved guidance. Meanwhile, Scotiabank initiated coverage on Block with a Sector Perform rating and set a price target of $82, emphasizing the company’s structurally lower cost base and differentiated ecosystem. Additionally, Bernstein reiterated an Outperform rating with a $95 price target, highlighting the growth of Block’s Neighborhoods initiative, which saw its seller base expand tenfold since June. In a separate development, Block was noted among the top five fintech and payments stocks drawing investor interest at Wolfe Research. Overall, these recent developments underscore the positive sentiment and strategic growth initiatives surrounding Block Inc.